Today I did everything right - almost.
10:40 L @ 864.50
11:34 X @867.00
Entered on an Ice Berg signal - bailed on a trend line and MACD XO.
12:49 S @863.75
12:56 X @862.75
Another Ice Berg entry - bailed when the volume just didn't feel right.
02:24 S @862.25
02:31 X @859.75
Yet another Ice Berg signal entry - got out when prices reached the bottom of the channel.
03:27 L @864.25
03:35 X @861.25
Feeling like I could do no wrong - I did. It was stupid to enter a trade so late on an otherwise choppy day. The result was that I turned a 6 point day into a 3 point day.
For the week: 20 trades - 7 winners - 8 losers - 5 washes - plus 3/4.
Technically a winning week ( forth in a row!). OK, snicker if you'd like, but it could have been worse. I simply did not trade well this week - severl trades that did not follow the rules in any way.
Today was different. I did it by the book (the book as I understand it). The main difference being a better understanding of Jack's 1-2-3 channels.
While there a few days that were not pretty, I feel good about my progress. The main point is that Jack has taught me when to stand aside - can mega profits be far behind?
Well guess who isn't impressed? The wife - that's who. She's in the other room with an ugly scowl on her face, smoking a cigarette (she doesn't smoke), and swigging straight from a bottle of gin.
I got a funny feeling that the cats will eat well tonight, and I will be doing another night on the sofa. I mean I made $37.50 this week (less $96.00 in commissions) - what is it going to take to make her happy?